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INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Jun. 30, 2017
Schedule of Intangible Assets | Intangible assets consist of the following (in thousands):
|  | June 30, 2017 |  |  |
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Weighted Average Amortization Period |
Amortizable Intangible Assets: |  |  |  |  |  |  |  |  |
Student Relationships |  | $ | 12,459 |  | $ | (9,323) |  | 5 Years |
Customer Relationships |  |  | 42,900 |  |  | (4,923) |  | 10 Years |
Non-compete Agreements |  |  | 700 |  |  | (665) |  | 1 Year |
Curriculum/Software |  |  | 7,147 |  |  | (2,329) |  | 4 Years |
Franchise Contracts |  |  | 10,615 |  |  | (1,425) |  | 18 Years |
Clinical Agreements |  |  | 393 |  |  | (104) |  | 15 Years |
Trade Names |  |  | 1,145 |  |  | (945) |  | 10 Years |
Proprietary Technology |  |  | 500 |  |  | (125) |  | 4 Years |
Total |  | $ | 75,859 |  | $ | (19,839) |  |  |
Indefinite-Lived Intangible Assets: |  |  |  |  |  |  |  |  |
Trade Names |  | $ | 109,519 |  |  |  |  |  |
Trademarks |  |  | 1,645 |  |  |  |  |  |
Ross Title IV Eligibility and Accreditations |  |  | 14,100 |  |  |  |  |  |
Intellectual Property |  |  | 13,940 |  |  |  |  |  |
Chamberlain Title IV Eligibility and Accreditations |  |  | 1,200 |  |  |  |  |  |
Carrington Title IV Eligibility and Accreditations |  |  | 20,200 |  |  |  |  |  |
AUC Title IV Eligibility and Accreditations |  |  | 100,000 |  |  |  |  |  |
Adtalem Brazil Accreditation |  |  | 97,179 |  |  |  |  |  |
Total |  | $ | 357,783 |  |  |  |  |  |
|  | June 30, 2016 |
|  | Gross Carrying Amount |  | Accumulated Amortization |
Amortizable Intangible Assets: |  |  |  |  |  |  |
Student Relationships |  | $ | 14,530 |  | $ | (7,150) |
Customer Relationships |  |  | 400 |  |  | (170) |
Non-compete Agreements |  |  | 940 |  |  | (799) |
Curriculum/Software |  |  | 4,038 |  |  | (1,914) |
Franchise Contracts |  |  | 10,968 |  |  | (863) |
Clinical Agreements |  |  | 406 |  |  | (81) |
Trade Names |  |  | 1,183 |  |  | (858) |
Total |  | $ | 32,465 |  | $ | (11,835) |
Indefinite-Lived Intangible Assets: |  |  |  |  |  |  |
Trade Names |  | $ | 70,731 |  |  |  |
Trademarks |  |  | 1,645 |  |  |  |
Ross Title IV Eligibility and Accreditations |  |  | 14,100 |  |  |  |
Intellectual Property |  |  | 13,940 |  |  |  |
Chamberlain Title IV Eligibility and Accreditations |  |  | 1,200 |  |  |  |
Carrington Title IV Eligibility and Accreditations |  |  | 20,200 |  |  |  |
AUC Title IV Eligibility and Accreditations |  |  | 100,000 |  |  |  |
Adtalem Brazil Accreditation |  |  | 100,410 |  |  |  |
Total |  | $ | 322,226 |  |  |  |
Estimated Amortization Expense for Amortized Intangible Assets | Estimated amortization expense for amortizable intangible assets for the next five fiscal years ending June 30, and in the aggregate, by reporting unit, is as follows (in thousands):
Fiscal Year |  | Adtalem Brazil |  | Becker |  | Total |
2018 |  | $ | 2,866 |  | $ | 6,501 |  | $ | 9,367 |
2019 |  |  | 2,060 |  |  | 6,422 |  |  | 8,482 |
2020 |  |  | 1,451 |  |  | 4,671 |  |  | 6,122 |
2021 |  |  | 908 |  |  | 4,440 |  |  | 5,348 |
2022 |  |  | 616 |  |  | 4,300 |  |  | 4,916 |
Thereafter |  |  | 6,399 |  |  | 15,386 |  |  | 21,785 |
Changes in Carrying Amount of Goodwill, by Segment | The table below summarizes goodwill balances by reporting unit (in thousands):
Reporting Unit |  | June 30, 2017 |  | June 30, 2016 |
Chamberlain |  | $ | 4,716 |  | $ | 4,716 |
AUC |  |  | 68,321 |  |  | 68,321 |
RUSM and RUSVM |  |  | 237,173 |  |  | 237,173 |
Becker |  |  | 306,653 |  |  | 32,043 |
Adtalem Brazil |  |  | 212,223 |  |  | 223,558 |
DeVry University |  |  | 22,196 |  |  | 22,196 |
Total |  | $ | 851,282 |  | $ | 588,007 |
The table below summarizes goodwill balances by reporting segment (in thousands):
Reporting Segment |  | June 30, 2017 |  | June 30, 2016 |
Medical and Healthcare |  | $ | 310,210 |  | $ | 310,210 |
Professional Education |  |  | 306,653 |  |  | 32,043 |
Technology and Business |  |  | 212,223 |  |  | 223,558 |
U.S. Traditional Postsecondary |  |  | 22,196 |  |  | 22,196 |
Total |  | $ | 851,282 |  | $ | 588,007 |
The table below summarizes the changes in the carrying amount of goodwill, by segment (in thousands):
|  |  |  |  |  |  |  |  |  |  | U.S. Traditional Postsecondary |  |  |  |
|  | Medical |  |  |  |  | Technology |  |  |  |  | Accumulated |  |  |  |
|  | and |  | Professional |  | and |  |  |  |  | Impairment |  |  |  |
|  | Healthcare |  | Education |  | Business |  | Gross |  | Losses |  | Total |
Balance at June 30, 2014 |  | $ | 310,210 |  | $ | 33,217 |  | $ | 55,472 |  | $ | 207,913 |  | $ | (86,933) |  | $ | 519,879 |
Acquisitions |  |  | - |  |  | - |  |  | 55,915 |  |  | - |  |  | - |  |  | 55,915 |
Foreign exchange rate changes |  |  | - |  |  | (420) |  |  | (23,045) |  |  | - |  |  | - |  |  | (23,465) |
Balance at June 30, 2015 |  |  | 310,210 |  |  | 32,797 |  |  | 88,342 |  |  | 207,913 |  |  | (86,933) |  |  | 552,329 |
Purchase Accounting Adjustments |  |  | - |  |  | - |  |  | 4,575 |  |  | - |  |  | - |  |  | 4,575 |
Acquisitions |  |  | - |  |  | - |  |  | 116,007 |  |  | - |  |  | - |  |  | 116,007 |
Impairments |  |  | - |  |  | - |  |  | - |  |  | - |  |  | (98,784) |  |  | (98,784) |
Foreign exchange rate changes |  |  | - |  |  | (754) |  |  | 14,634 |  |  | - |  |  | - |  |  | 13,880 |
Balance at June 30, 2016 |  |  | 310,210 |  |  | 32,043 |  |  | 223,558 |  |  | 207,913 |  |  | (185,717) |  |  | 588,007 |
Purchase Accounting Adjustments |  |  | - |  |  | - |  |  | (3,603) |  |  | - |  |  | - |  |  | (3,603) |
Acquisitions |  |  | - |  |  | 274,689 |  |  | - |  |  | - |  |  | - |  |  | 274,689 |
Foreign exchange rate changes |  |  | - |  |  | (79) |  |  | (7,732) |  |  | - |  |  | - |  |  | (7,811) |
Balance at June 30, 2017 |  | $ | 310,210 |  | $ | 306,653 |  | $ | 212,223 |  | $ | 207,913 |  | $ | (185,717) |  | $ | 851,282 |
Summary of Indefinite-Lived Intangible Assets Balances by Reporting Segment | The table below summarizes the indefinite-lived intangible asset balances by reporting segment (in thousands):
Reporting Segment |  | June 30, 2017 |  | June 30, 2016 |
Medical and Healthcare |  | $ | 137,500 |  | $ | 137,500 |
Professional Education |  |  | 67,812 |  |  | 27,912 |
Technology and Business |  |  | 130,626 |  |  | 134,969 |
U.S. Traditional Postsecondary |  |  | 21,845 |  |  | 21,845 |
Total |  | $ | 357,783 |  | $ | 322,226 |

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